Dec 21, 2004 · Circular A-123 and the statute it implements, the Federal Managers’ Financial Integrity Act of 1982, are at the center of the existing Federal requirements to improve internal control.

As part of demonstrating an effective system of internal control and demonstrating compliance with the GAO Green Book, A-123 provides additional details for federal managers to consider when …

OMB Circular A-123 is a US Office of Management and Budget (OMB) Government circular that defines the management responsibilities for internal controls in Federal agencies. It was first issued in 1981 …

May 9, 2025 · As OMB updates Circular A-123, experts decry the removal of enterprise risk management practices and the move to fold it back into internal controls.

A-123, Appendix A addresses internal control over financial reporting and is required for the 24 Chief Financial Officer (CFO) Act agencies.

Aug 22, 2018 · ICMEO’s annually recurring internal activities include OMB Circular A-123 audits of financial controls, entity level risk assessment, erroneous payment risk assessments, and validation …

What is OMB A-123? The Office of Management and Budget (OMB) Circular A-123 defines management's responsibility for internal control in Federal agencies. What is its purpose?

Dec 13, 2024 · OMB Circular A-123 is more than a compliance document; it’s a guide for ensuring that federal agencies operate with integrity and efficiency.

Internal Control Assessments (Circular A-123) RMAS documents accounting systems and assesses internal controls in accordance with the Sarbanes-Oxley Act and Circular A-123.

This CPE course provides an overview of enterprise risk management in federal agencies including key components and requirements in OMB Circular A-123.